ECB President Christine Lagarde said in the post meeting press conference, inflation has “continued to surprise on the upside because of unexpectedly high energy costs.”, and prices rises became “more broadly based”. GDP growth was Read more…
Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB Frankfurt am Main, 10 March 2022 Good afternoon, the Vice-President and I welcome you to our press conference. The Russian invasion of Read more…
US initial jobless claims rose 11k to 227k in the week ending March 5, above expectation of 205k. Four-week moving average of initial claims rose 500 to 231k. Continuing claims rose 25k to 1494k in Read more…
February inflation was pegged at 7.9%, the highest since 1982, and is likely to rise even further thanks to record high gas prices and surging global crude. Updated at 8:45 am EST U.S. inflation accelerated Read more…
US CPI rose 0.8% mom in February, matched expectations. Over the 12-month period, CPI accelerated from 7.5% yoy to 7.9% yoy, matched expectations. The 12-month increase is the largest since January 1982. CPI core rose Read more…
Latest peace talks fail, no progress on ceasefire Kuleba: Russia seeks surrender, Ukraine won’t surrender Lavrov: Ukraine seems to want to have meetings for the sake of meetings Sanctions on Russia pile up: UK freezes Read more…
ECB maintains interest rates, reduces APP The ECB held its key interest rate at 0.00% at today’s meeting, as was expected. The central bank reduced purchases under the Asset Purchase Program (APP), which had been Read more…
ECB left interest rate unchanged as widely expected. Main refinancing, marginal lending facility and deposit rate are held at 0.00%, 0.25%, and -0.50% respectively. ECB added that “Any adjustments to the key ECB interest rates Read more…
It’s not all about looks. These days Burger King (QSR) – Get Restaurant Brands International Inc Report really is earning its name, especially when it comes to taking wacky, wildly creative chances in the fast food Read more…
Whenever there’s a new crisis, scammers move in. Before you donate to help Ukraine, make sure the site is safe and real. Here are nine vetted and highly-rated charities working to provide relief to those Read more…